San Francisco is kicking off the year on strong economic footing with employment outpacing much of the nation and the lowest projected municipal budget shortfall in five years. The America’s Cup, the opening of the new waterfront Exploratorium and several other events and developments will give further boost to the local economy as the year progresses.
Continued economic growth requires that we keep our focus on jobs and the city’s business climate. This year, our elected leaders will have opportunities to do just that. Approval on the California Pacific Medical Center (CPMC) rebuild, reforming the California Environmental Quality Act (CEQA) appeal process in San Francisco, and rule-making for the soon to be rolled-out gross receipts tax are just a few of the top issues that will come before the Board of Supervisors this year.
The Chamber is optimistic. According to our 2012 Year-End Paychecks & Pink Slips Scorecard released earlier this week, a solid majority of the Board Supervisors continue to vote in favor of jobs on the issues most critical to the local economy. Overall, the Chamber gave the Board a year-end ranking of 81 percent, down just one percentage point from the previous year.
While, two new members of the Board of Supervisors will be sworn into office next week, the Chamber anticipates that the new Board will continue to govern for jobs and growth. Supervisors Mark Farrell, Scott Wiener and David Chiu are champions for many issues important to our business community. Supervisors Jane Kim and Malia Cohen are highly engaged on economic development and quality of life issues. Newly-elected District 5 Supervisor London Breed has stated that employment and small business are among her top priorities.
As we prepare to face the opportunities and challenges that lie ahead, the Chamber will keep its focus on jobs and the economy. Working together with our members from every industry, our partners in labor and through the Alliance for Jobs and Sustainable Growth, and with our elected and appointed leaders, we are energized and ready to help keep our city on a path towards economic success in 2013.
Click here to view the Chamber’s 2012 Year-End Paychecks & Pink Slips Scorecard and see how your Board Supervisor voted on the top economic issues of the year.